95 Lake Drive, Georgina, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Historic Lakeshore Communities. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $324,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning < 700 sqft on a premium 50 x 229 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 95 Lake Drive North in Georgina-an exceptional opportunity to secure a prime piece of land in a highly sought-after lakeside community. This property features an existing structure that is currently livable; however, the true value lies in the land, making it ideal for buyers looking to build new or invest in future development. Set on a desirable stretch of Lake Drive North, this lot offers tremendous potential for redevelopment, whether you envision a custom dream home, seasonal retreat, or long-term investment. Surrounded by established homes and just moments from the shores of Lake Simcoe, the location provides the perfect blend of lifestyle and value. With increasing demand in Georgina for new builds and updated properties, this is a rare chance to acquire a property where you can maximize land value and bring your vision to life. Buyers are encouraged to conduct their own due diligence regarding zoning, permits, and redevelopment possibilities. Whether you're a builder, investor, or end-user looking to create something special, 95 Lake Drive North offers a compelling opportunity in a growing waterfront community.
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Pricing & Value Insights
Data-driven valuation for 95 Lake Drive N, Georgina, ON L4P 1A9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Georgina, ON
For a property listed at $324,900 in Georgina, the legal minimum down payment is $16,245 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,349 for this transaction. As this listing is in Georgina (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,349.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.